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| Tekijä: | Demil, B. Lecocq, X. |
| Otsikko: | Neither market nor hierarchy nor network: the emergence of bazaar governance |
| Lehti: | Organization Studies
2006 : VOL. 27:10, p. 1447-1466 |
| Asiasana: | transaction costs |
| Kieli: | eng |
| Tiivistelmä: | This paper draws on transaction cost economics and proposes that open source projects illustrate a new generic governance structure, bazaar governance, based on a specific legal contract: the open license. The authors characterize this structure in terms of its strengths and weaknesses and compare it to market, firm and network forms. Low levels of control and weak incentives intensity are distinctive features of bazaar, lending a high uncertainty to governed transactions. However, bazaar governance promotes the openness of open source communities, which can generate strong positive network externalities and subsequent efficiency in cumulative transactions. |
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